Good Morning! Canadians’ personal finances are starting to show the strain. New data show that consumer insolvencies filed in Canada jumped 22.8% in March, the biggest monthly increase in more than 10 years. That’s also the largest single month of new filing activity since the onset of the pandemic more than a year ago. Debtors have mostly managed to keep their heads above water during the job loss and economic turmoil of the pandemic, artificially buoyed by government income support and lenders’ leniency. “Filings fell significantly in April 2020 as Canadians faced COVID-related financial uncertainty. They remained low over the last 12 months with government aid programs and creditor flexibility helping many people who were already facing insolvency delay the inevitable. Now it seems we are starting to see that backlog emerge,” said Mark Rosen, chair of the Canadian Association of Insolvency and Restructuring Professionals (CAIRP).